Producer Prices in Eurozone

Eurozone Producer Prices | Economic News & Forecasts

Eurozone - Producer Prices

Inflation drops to nearly three-year low in September

Complete data revealed harmonized inflation fell to 0.8% in September, down from August’s 1.0% and a notch below the preliminary estimate. The result marked the lowest reading since November 2016. Inflation sits sizably below the European Central Bank’s target rate of near, but under, 2.0%. The reading was chiefly due to a drop-in energy prices and reduced food, alcohol and tobacco price pressures.

Annual average harmonized inflation inched down to 1.4% in September, from August’s 1.5%. Core inflation, meanwhile, edged up to 1.2% from the previous month’s 1.1%. On a monthly basis, harmonized consumer prices rose 0.2% in September, above July’s 0.1% increase.

Among the countries in the common-currency bloc, Cyprus and Portugal experienced dropping harmonized prices on an annual basis. On the flipside, the Netherlands (2.7%) and Slovakia (3.1%) recorded the highest inflation. Regarding the largest economies in the Eurozone, inflation fell across the board.

FocusEconomics Consensus Forecast participants see inflation in the Euro area averaging 1.3% in 2020. For 2021, panelists expect inflation to average 1.5%.

Eurozone - Producer Prices Data

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)-0.1  -1.5  -2.6  -2.1  3.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Eurozone Producer Prices Chart


Euro PPI

Eurozone Facts

ValueChangeDate
Exchange Rate1.100.65 %Sep 04
Stock Market1,175-0.52 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form